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Iran will launch a National Cryptocurrency

 

In a recent interview, Ali Salehabadi, the recently appointed Governor of the Central Bank of Iran (CBI), stated that the "national cryptocurrency" will shortly enter its experimental phase. According to the project's developers, the pilot phase of the initiative is expected to follow a similar path to previous proposals for the establishment of a national cryptocurrency in the country. On the contrary of digital currencies that are based on public blockchains, such as Bitcoin, the Iranian government-issued coin will not be mined in the classic sense.

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